Market Overview:
The global thermotropic liquid crystalline polyester market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermotropic liquid crystalline polyester from various applications, such as electrical and electronics, transport, automotive, military, aircraft and aerospace, chemical and consumer. In addition, the growing demand for lightweight and durable materials is also contributing to the growth of this market.
Product Definition:
Thermotropic Liquid Crystalline Polyester is a type of synthetic polymer that has the ability to form liquid crystal phases in response to changes in temperature. It is often used as a coating or additive in products such as paints, plastics, and textiles in order to improve their performance.
Injection Molding:
Injection molding is a process of creating three-dimensional shapes from plastic compounds. It involves the use of injection molding machines, which are used to inject molten plastic into molds and create desired products. The process has several advantages such as it can be used for both high volume and low volume production, it offers cost benefits in comparison to other processes like casting or forming, etc., which makes it ideal for mass production.
Extrusion Molding:
Extrusion molding is a manufacturing process used to create three-dimensional solid objects from plastic or other materials. The process works by forcing the molten material through a series of rollers and then into an open-ended barrel, which shapes it into the desired product. In extrusion molding, there is no need for molds as the plastic barrels are reusable and can be heated and reused.
Application Insights:
The application segment includes electrical and electronics, transport, automotive, military aircraft and aerospace, chemical and consumer goods. Electrical and electronics was the largest application segment in 2017. The growth of this industry is driven by growing demand for polyester based products from various industries such as lighting (light guides), power cables (power cord), electronic components (component housing) owing to its excellent properties such as high temperature resistance & flexibility at low temperatures.
Polyester based injection molding compounds are used in a wide range of applications including automotive interior trim assembly; instrument panel bezels; airbag containers; seat pan frame parts; sunroofs/skylights seals; headliners/trim panels & footwells insulation gaskets & weather stripping along with other small parts that require good dimensional accuracy over a wide range of temperatures.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from end-use industries, such as automotive, electrical and electronics, construction, packaging, and transportation. In addition, rising disposable income levels in emerging countries of Asia Pacific are anticipated to fuel consumer spending on luxury vehicles including cars and commercial vehicles such as trucks and buses. This will drive overall industry growth over the next eight years.
The Latin American market for RTLCPE is also likely to witness significant growth during the forecast period owing to rapid industrialization along with growing investments in infrastructure development projects by governments of Brazil and Argentina among other countries are projected favorably impact industry expansion over the coming years. Europe was estimated as being a major shareholder in 2016 owing its large presence of automotive manufacturers who use thermotropic liquid crystalline polyester for manufacturing interior lights components etc.
Growth Factors:
- Increasing demand from the automotive and textile industries
- Growing popularity of polyester fabrics in the apparel industry
- Rising demand for lightweight and durable materials in automotive applications
- Technological advancements that improve the properties of thermotropic liquid crystalline polyesters
- Growing awareness about the benefits of using thermotropic liquid crystalline polyesters
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermotropic Liquid Crystalline Polyester Market Research Report
By Type
Injection Molding, Extrusion Molding, Other
By Application
Electrical and Electronics, Transport, Automotive, Military, Aircraft and Aerospace, Chemical and Consumer
By Companies
Ticona (Hoechst-Celanese), Polyplastics, Sumitomo, Toray, Solvay Plastics, Ueno, LOTTE Fine Chemical, AIE, Shanghai PRET
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Thermotropic Liquid Crystalline Polyester Market Report Segments:
The global Thermotropic Liquid Crystalline Polyester market is segmented on the basis of:
Types
Injection Molding, Extrusion Molding, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical and Electronics, Transport, Automotive, Military, Aircraft and Aerospace, Chemical and Consumer
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ticona (Hoechst-Celanese)
- Polyplastics
- Sumitomo
- Toray
- Solvay Plastics
- Ueno
- LOTTE Fine Chemical
- AIE
- Shanghai PRET
Highlights of The Thermotropic Liquid Crystalline Polyester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Injection Molding
- Extrusion Molding
- Other
- By Application:
- Electrical and Electronics
- Transport, Automotive, Military
- Aircraft and Aerospace
- Chemical and Consumer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermotropic Liquid Crystalline Polyester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermotropic Liquid Crystalline Polyester is a type of thermoplastic that changes shape when heated. This makes it ideal for use in products that need to be flexible, such as clothing and accessories.
Some of the major players in the thermotropic liquid crystalline polyester market are Ticona (Hoechst-Celanese), Polyplastics, Sumitomo, Toray, Solvay Plastics, Ueno, LOTTE Fine Chemical, AIE, Shanghai PRET.
The thermotropic liquid crystalline polyester market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermotropic Liquid Crystalline Polyester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermotropic Liquid Crystalline Polyester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermotropic Liquid Crystalline Polyester Market - Supply Chain
4.5. Global Thermotropic Liquid Crystalline Polyester Market Forecast
4.5.1. Thermotropic Liquid Crystalline Polyester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermotropic Liquid Crystalline Polyester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermotropic Liquid Crystalline Polyester Market Absolute $ Opportunity
5. Global Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
5.3.1. Injection Molding
5.3.2. Extrusion Molding
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
6.3.1. Electrical and Electronics
6.3.2. Transport, Automotive, Military
6.3.3. Aircraft and Aerospace
6.3.4. Chemical and Consumer
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermotropic Liquid Crystalline Polyester Demand Share Forecast, 2019-2026
9. North America Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
9.4.1. Electrical and Electronics
9.4.2. Transport, Automotive, Military
9.4.3. Aircraft and Aerospace
9.4.4. Chemical and Consumer
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
9.7.1. Injection Molding
9.7.2. Extrusion Molding
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermotropic Liquid Crystalline Polyester Demand Share Forecast, 2019-2026
10. Latin America Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
10.4.1. Electrical and Electronics
10.4.2. Transport, Automotive, Military
10.4.3. Aircraft and Aerospace
10.4.4. Chemical and Consumer
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
10.7.1. Injection Molding
10.7.2. Extrusion Molding
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermotropic Liquid Crystalline Polyester Demand Share Forecast, 2019-2026
11. Europe Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
11.4.1. Electrical and Electronics
11.4.2. Transport, Automotive, Military
11.4.3. Aircraft and Aerospace
11.4.4. Chemical and Consumer
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
11.7.1. Injection Molding
11.7.2. Extrusion Molding
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermotropic Liquid Crystalline Polyester Demand Share, 2019-2026
12. Asia Pacific Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
12.4.1. Electrical and Electronics
12.4.2. Transport, Automotive, Military
12.4.3. Aircraft and Aerospace
12.4.4. Chemical and Consumer
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
12.7.1. Injection Molding
12.7.2. Extrusion Molding
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermotropic Liquid Crystalline Polyester Demand Share, 2019-2026
13. Middle East & Africa Thermotropic Liquid Crystalline Polyester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Application
13.4.1. Electrical and Electronics
13.4.2. Transport, Automotive, Military
13.4.3. Aircraft and Aerospace
13.4.4. Chemical and Consumer
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermotropic Liquid Crystalline Polyester Market Size and Volume Forecast by Type
13.7.1. Injection Molding
13.7.2. Extrusion Molding
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermotropic Liquid Crystalline Polyester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermotropic Liquid Crystalline Polyester Market: Market Share Analysis
14.2. Thermotropic Liquid Crystalline Polyester Distributors and Customers
14.3. Thermotropic Liquid Crystalline Polyester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ticona (Hoechst-Celanese)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polyplastics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sumitomo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toray
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay Plastics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ueno
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LOTTE Fine Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AIE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai PRET
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook